Analysis of Profitability Ratios on Stock Returns in Healthcare Service Providers on IDX (2020–2024)

View Full Paper

Ask AI

Bookmark

Authors

Discussion

Quantitative analysis shows return on assets and earnings per share significantly influence stock returns, suggesting insights for investors.

Return on assets positively impacts stock returns, indicating effective asset utilization is crucial for investors.
Earnings per share shows significant positive influence on stock returns, reflecting earnings potential's importance.
Return on equity and net profit margin do not significantly affect stock returns, suggesting market undervaluation of capital effectiveness.
Findings point to inefficiencies in the Indonesian stock market, especially concerning semi-strong form efficiency.

Septyadi et al. (2025) studied this question.

View Full Paper

Ask AI

Bookmark

Quantitative analysis shows return on assets and earnings per share significantly influence stock returns, suggesting insights for investors.